R 8 950 000
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292 m² Commercial space in De Waterkant

7 hill house, 39 somerset road

8 292 m²

Team Sierra are proud to present this property and space.

An excellent opportunity exists for someone for an appetite and experience with commercial to residential conversions.

Currently being used as a commercial space, however has the floor span, and parking space to allow for complete conversion to residential investor style units.

Other details include:

Excellent views

Building is secure and well located

Short term rentals are permitted

Ample balcony space

Top floor position

Onsite security

No Loadshedding

Total of 8 undercover parkings, 4 single bays & two tandem bays

If Vat registered, purchase will attract Vat, No transfer duties

Your other alternative, is to buy and hold, convert to a large penthouse style apartment thats lock up and go.

Lets talk.

Property details

  • Listing number T4267189
  • Property type Commercial
  • Floor size 292 m²
  • Rates and taxes R 5 654
  • Levies R 13 979

Property features

  • Open Parkings 8

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